ORLY — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-05-08

• Our stores also offer enhanced services and programs to our customers, including used oil, oil filter, and battery recycling; battery, wiper, and bulb replacement; battery diagnostic testing; electrical and module testing; check engine light code extraction through our trusted VeriScan technology, w…

• Sales for the three months ended March 31, 2026, increased $424 million, or 10%, to $4.56 billion from $4.14 billion for the same period one year ago. Comparable store sales increased 8.1% and 3.6% for the three months ended March 31, 2026 and 2025, respectively. Comparable store sales are calculate…

• Selling, general and administrative expenses (“SG&A”) for the three months ended March 31, 2026, increased 9% to $1.51 billion (or 33.0% of sales) from $1.38 billion (or 33.4% of sales) for the same period one year ago. The increase in total SG&A dollars for the three months ended March 31, 2026, wa…

• As a result of the impacts discussed above, operating income for the three months ended March 31, 2026, increased 14% to $842 million (or 18.5% of sales) from $741 million (or 17.9% of sales) for the same period one year ago.

• Total other expense for the three months ended March 31, 2026, increased 8% to $62 million (or 1.3% of sales) from $57 million (or 1.4% of sales) for the same period one year ago. The increase in total other expense for the three months ended March 31, 2026, was the result of increased interest expe…

Text removed vs the prior filing · source: 10-Q · 2025-11-07

• initiatives focused on marketing and training to educate customers on the advantages of ongoing vehicle maintenance, as well as “purchasing up” on the value spectrum.

• Our stores also offer enhanced services and programs to our customers, including used oil, oil filter, and battery recycling; battery, wiper, and bulb replacement; battery diagnostic testing; electrical and module testing; check engine light code extraction; loaner tool program; drum and rotor resur…

• Sales for the three months ended September 30, 2025, increased $341 million, or 8%, to $4.71 billion from $4.36 billion for the same period one year ago. Sales for the nine months ended September 30, 2025, increased $755 million, or 6%, to $13.37 billion from $12.61 billion for the same period one y…

• Selling, general and administrative expenses (“SG&A”) for the three months ended September 30, 2025, increased 8% to $1.46 billion (or 31.1% of sales) from $1.35 billion (or 31.0% of sales) for the same period one year ago. SG&A for the nine months ended September 30, 2025, increased 8% to $4.26 bil…

• Day. The increase in SG&A as a percentage of sales for the three months ended September 30, 2025, was principally due to broad inflationary pressure in costs, primarily relating to medical and casualty insurance programs. The increase in SG&A as a percentage of sales for the nine months ended Septem…

Text added vs the prior filing · source: 10-Q · 2026-05-08

• We view our investments in Canadian subsidiaries as long-term. The net asset exposure in the Canadian subsidiaries translated into U.S. dollars using the period-end exchange rates was $186.5 million at March 31, 2026. The period-end exchange rate of the Canadian dollar, relative to the U.S. dollar, …

• Our market risks have not materially changed since those discussed in our annual report on Form 10-K for the year ended December 31, 2025.

Text removed vs the prior filing · source: 10-Q · 2025-11-07

• We view our investments in Canadian subsidiaries as long-term. The net asset exposure in the Canadian subsidiaries translated into U.S. dollars using the period-end exchange rates was $175.5 million at September 30, 2025. The period-end exchange rate of the Canadian dollar, relative to the U.S. doll…

• September 30, 2025, would be approximately $16.0 million. Any changes in our net assets in the Canadian subsidiaries relating to foreign currency exchange rates would be reflected in the financial statements through the foreign currency translation component of accumulated other comprehensive income…

• Our market risks have not materially changed since those discussed in our annual report on Form 10-K for the year ended December 31, 2024.